Want to build our own home in/near Boulder County

kungpaodogJune 10, 2013

We're interested in building a small house a bit like the one on the link, 2 br 1 bath, but built on a basement that could be finished later into another bedroom, bathroom, and storage. No kids yet, but we want to start in the next few years. We'd probably be there for around ten years, maybe a lot more or a lot less if life changes, but probably not until we die. It seems to be possible to buy a lot for $100,000 and build for $150,000.

Is a detached garage a huge turn off for resale?

Is it really hard to sell a smaller than average home?

Is $50,000 enough to get started, or is 20% no where near enough to build from scratch?

Thanks for any input.

Here is a link that might be useful: Houseplans.com small house

This post was edited by kungpaodog on Mon, Jun 17, 13 at 13:46

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lori_inthenw_gw

Hi, I think you haven't gotten responses because you've wrapped about a million questions into one! It would probably help if you focused on the most basic ones first. Budget and location come way before countertop materials (I know how tempting it is to jump to what I call the "fun stuff," though).

I like the houses in the links in your post, but I'd be surprised if you can get that for 150. SF anywhere near Boulder. As to whether or not you can ever sell a small house, of course you can-- you can sell anything if the price is tempting enough. But if you want to know if you'd get all your money back selling any custom home, that's another question!

I recommend you back up a few steps and ask Question 1, then question 2 and so on. Good luck to you and hang on to your enthusiasm!

    Bookmark   June 13, 2013 at 1:46PM
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lazy_gardens

Start with the first question:

Can we buy a lot?

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In and near Boulder, CO buildable land is scarce and expensive, and permits are hard to get. Because of sewer and water issues, there have been moratoriums on issuing permits in some areas.

First, find your lot.

    Bookmark   June 15, 2013 at 12:47PM
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kungpaodog

Lots can be found in Erie, and Longmont has potential for complete tear downs. Boulder County is quite a bit larger than just Boulder City. We also haven't ruled out the surrounding areas, but we do both work in Boulder County right now.

    Bookmark   June 17, 2013 at 1:50PM
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live_wire_oak

50K is too small of a budget to even begin to think of such a project. As far as building for 150K, here in TN where the land and labor costs are less than half of what they are in CO, that would buy you a modest starter home. Very few upgrades. If you wanted the same square footage done in a specialty construction method, or you actually wanted a smaller home, the price would go up. There is a certain economy of scale and repetition and when you get outside that model, you pay extra for doing so.

    Bookmark   June 17, 2013 at 5:09PM
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